Gold coin is definitely favorite of coin collectors with an eye toward investment. Some people happily collect coins from different countries. Some collectors can spend thousands of dollars on gold and silver coins, and rare early coins from the 1800's and early 1900's.
There are various sources to purchase gold coins today. You can visit local coin shops, or order from mail catalogs. In my opinion, however, the best place to find best deals of gold coins is online. Online auctioning has become a very active market for purchasing gold coins, thanks to the Internet. Online auction sites such as BuffaloCoin.com, KrugerrandGoldCoins.com and MexicoGoldCoin.com offers a wider selection of gold coins and up-to-the-minute deals comparing to the traditional coin retail shops.
Online auctioning is a very effective – if not excellent - methold to purchase gold coins. It is very important that you set a fixed price on the coin you are about to bid on. Auctions can turn to be very emotional and aggressive. Discipline yourself from bidding more than the ceiling price you have set is the key.
Gold coin buying is not difficult. All you need is to research and look for the best product available. While there are many real gold coin enthusiasts in the internet, there are also some people who are posing as gold coin collectors and are just looking to rip you off. Therefore, it is extremely important to always purchase gold coins from a reputable seller. You can look up sellers' feedback score at most online auction sites. You can also view comments left by previous customers. Ideally, you would want to do business with a seller with a feedback score of 90% to 100%. But you have to take consideration of seller's feedback number as well. The higher number of feedbacks, more confidence you can have in the seller. Read more...
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